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Software Supply Agreement
"I need a Software Supply Agreement for my fintech company to license our payment processing software to banks in Hong Kong, including implementation services and 24/7 support requirements, with a planned launch date of March 2025."
1. Parties: Identification and details of the supplier and customer
2. Background: Context of the agreement and general objectives
3. Definitions and Interpretation: Definitions of key terms and interpretation rules
4. Supply of Software: Core obligations regarding software delivery and licensing
5. Delivery and Acceptance: Process for software delivery and acceptance testing
6. License Grant: Terms of software license, scope, and usage rights
7. Intellectual Property Rights: ownership and protection of IP rights
8. Fees and Payment: Payment terms, pricing, and payment schedules
9. Warranties and Representations: Warranties regarding software functionality and performance
10. Data Protection and Security: Obligations regarding data protection and security measures
11. Confidentiality: Protection of confidential information
12. Limitation of Liability: Liability caps and exclusions
13. Term and Termination: Duration, renewal, and termination provisions
14. Force Majeure: Provisions for unforeseen circumstances
15. General Provisions: Standard boilerplate clauses including governing law
1. Implementation Services: Details of implementation services if supplier is responsible for software installation and setup
2. Maintenance and Support: Terms for ongoing maintenance and technical support if included
3. Service Levels: Performance standards and metrics if specific service levels are required
4. Change Control: Process for managing changes to software or services
5. Source Code Escrow: Provisions for source code escrow if required for business continuity
6. Third-Party Software: Terms relating to third-party software components if applicable
7. Training: Provisions for user training if included in the scope
8. Disaster Recovery: Business continuity and disaster recovery requirements if critical
9. Compliance Requirements: Specific regulatory compliance obligations if applicable
10. Export Controls: Export control provisions if software is subject to export regulations
1. Schedule 1 - Software Description: Detailed description of the software, including specifications and functionality
2. Schedule 2 - License Terms: Detailed license terms, restrictions, and permitted uses
3. Schedule 3 - Fees: Detailed breakdown of fees, payment schedules, and pricing models
4. Schedule 4 - Technical Requirements: Hardware and system requirements for the software
5. Schedule 5 - Service Levels: Detailed service level agreements and metrics
6. Schedule 6 - Support Services: Description of support services, response times, and escalation procedures
7. Schedule 7 - Data Processing Agreement: Detailed terms for personal data processing if applicable
8. Appendix A - Acceptance Testing: Acceptance testing procedures and criteria
9. Appendix B - Implementation Plan: Detailed implementation timeline and milestones if applicable
Authors
Acceptance Tests
Affiliate
Authorized Users
Business Day
Confidential Information
Configuration
Customer Data
Customer Materials
Data Protection Laws
Defect
Deliverables
Documentation
Effective Date
Fees
Force Majeure Event
Good Industry Practice
Implementation Services
Initial Term
Intellectual Property Rights
License
License Fee
Maintenance Services
Milestone
Open Source Software
Personal Data
Professional Services
Project Plan
Renewal Term
Service Credits
Service Levels
Software
Software Updates
Source Code
Specifications
Statement of Work
Support Services
System Requirements
Term
Third Party Software
User Manual
Virus
Warranty Period
Working Hours
License Grant
Delivery
Acceptance Testing
Implementation
Payment
Software Support
Service Levels
Intellectual Property
Data Protection
Confidentiality
Warranties
Indemnification
Limitation of Liability
Force Majeure
Term and Termination
Exit Management
Change Control
Audit Rights
Assignment
Subcontracting
Insurance
Dispute Resolution
Governing Law
Anti-Corruption
Compliance
Notice
Entire Agreement
Severability
Third Party Rights
Source Code Escrow
Security Requirements
Business Continuity
Training
Documentation
Maintenance
Technology
Financial Services
Healthcare
Retail
Manufacturing
Education
Professional Services
Telecommunications
Government
Insurance
Banking
E-commerce
Logistics
Media and Entertainment
Real Estate
Legal
Information Technology
Procurement
Compliance
Information Security
Risk Management
Operations
Finance
Business Development
Project Management
Commercial
Vendor Management
Chief Technology Officer
IT Director
Procurement Manager
Legal Counsel
Contract Manager
Software Development Manager
Information Security Officer
Compliance Officer
Business Development Manager
Project Manager
Operations Director
Risk Manager
Commercial Director
Chief Information Officer
Vendor Management Officer
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